Mandarin Oriental Launches a Luxury Vacation Rental Brand

Mandarin Oriental is the latest hotel company to wade into the waters of the vacation home rental business. But these branded homes are tethered significantly more to the standards of an actual Mandarin Oriental hotel than what is seen at other hotel-backed home rental platforms.

Mandarin partnered with luxury home rental platform StayOne on its new Mandarin Oriental Exclusive Homes division, the companies announced Thursday in an exclusive with Skift. Specific financial information of the partnership wasn't made public, but Mandarin made a “strategic investment” in StayOne in 2020.

The new partnership follows a trend throughout the hospitality industry during the pandemic of guests craving more space and control over the entire property where they vacation. Marriott launched its Homes & Villas platform of vacation rentals in 2019 prior to the pandemic, but it has rapidly swelled in its number of listings over the last two years. 

Accor and Four Seasons Hotels & Resorts both have their own rental divisions, but these rely more on residential offerings at a hotel instead of private homes like what is seen at Marriott and now Mandarin Oriental. 

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